Signing of Memorandum of Understanding for 200 million USD investment project to produce electronic components at Hoang Mai 1 Industrial Park

The signing ceremony from Nghe An bridge was chaired by Vice Chairmen of the Provincial People's Committee Le Ngoc Hoa and Bui Dinh Long. Witnessing the signing ceremony were representatives of the Provincial National Assembly Delegation, departments, Hoang Mai Town and representatives of a number of Universities and Vocational Colleges in the area; Mr. Hoang Van Duong - Chairman of the Board of Directors, General Director of Hoang Thinh Dat Joint Stock Company.

The signing ceremony from Taiwan (China) was chaired by Mr. Zheng Li Yu, International Chairman of Ju Teng International Holdings Ltd and representatives of member companies.

Representatives of the Provincial People's Committee and departments and branches attended and witnessed the signing ceremony of the memorandum of understanding on investment agreement from Nghe An bridge. Photo: Nguyen Hai

Project of Factory producing electronic components for laptops, tablets, smartphones and consuming electronic products inHoang Mai 1 Industrial Park, Hoang Mai Town (Nghe An) is divided into 2 phases, in which phase 1 has a total investment of about 200 million USD; The factory uses an area of ​​about 130 hectares of land and needs about 30,000 workers.

Memorandum of Understanding signing ceremony between Nghe An provincial leaders, Hoang Mai 1 Industrial Park Infrastructure investor Hoang Thinh Dat and Taiwanese investor Ju Teng Company. Photo: Nguyen Hai

Speaking at the signing ceremony, Mr. Le Ngoc Hoa - Vice Chairman of the Provincial People's Committee, on behalf of the leaders of Nghe An province, expressed his joy and thanked the investor Ju Teng International Company for investing in Nghe An; looking forward to the project being implemented and put into effective operation soon. In fact, this project was launched 2 years ago, but due to the pandemic, the investment was only implemented today. During the project preparation process, Nghe An province and Hoang Thinh Dat Company, the investor of Hoang Mai 1 Industrial Park's infrastructure, coordinatedsite clearance, invest in infrastructure and direct investors to complete additional items according to committed progress.

Representative of Ju Teng CompanyInternational Holdings LtdSigning online at Taiwan bridge. Photo (screenshot) Nguyen Hai

The Vice Chairman of the Provincial People's Committee said: It is expected that on February 8, the province will carry out the procedures.granting investment certificatesand in the first quarter of 2021, electricity will be provided... Nghe An province commits to directing the Management Board of Dong Nam Economic Zone and departments and branches to prepare conditions for infrastructure, electricity, and labor when investors request. Investors are requested to coordinate with Hoang Thinh Dat Company and departments and branches to complete investment procedures so that after February 8, 2021, the Investment Certificate can be granted to immediately start implementing the project quickly.

At the signing ceremony, Mr. Trinh Lap Duc (Zheng Li Yu), Chairman of Ju Teng International Company (Taiwan) sincerely thanked the support of Nghe An Provincial People's Committee and related departments and branches in the preparation process for the investment project at Hoang Mai 1 Industrial Park and continued to hope to receive the cooperation of the province in the investment implementation process in the locality.

The minutes were announced for both parties to witness after the official signing ceremony was approved. Photo: Nguyen Hai

For his part, Mr. Hoang Van Duong - Chairman of the Board of Directors, General Director of Hoang Thinh Dat Company committed to coordinate with Ju Teng Company to implement the project on schedule and effectively./.